The name Magellan is on everyone in the fund world's, including Jennifer Levitz, who penned today's WSJ Fund Track column. Yesterday Fidelity re-opened its flagship fund for the first time in 10 years (see "Magellan Sails Again," January 14, 2008). Harry Lange, Magellan's portfolio manager, is quoted as saying in a conference call yesterday that the re-opening of the fund is best for shareholders because then he wouldn't have to start "selling into the meat and bone" of the fund to pay future redemptions.  

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